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Renacer Group
In this Group: Daniela, Josefina, Teresa, María, Justa, Blanca, Aurelia, Nery, Josefa, Cinthia, Viviana, Lourdes, Larissa, Damiana, Gloria*, Rosa*
* not pictured
“Renacer” (Rebirth) is the name of this excellent solidarity group. All of the members attend the weekly meetings and participate in activities for the common good of the group.


One of the members is Doña Daniela, who works as a seamstress. She makes various types of clothes for women and men. The clothing she produces is designed according to the requests of her customers who come to her house to place their orders. She is requesting a loan to buy an electric sewing machine with various functions.

View original language description ↓

El grupo Renacer es un excelente grupo, que trabaja en forma solidaria, todas las integrantes asisten a las reuniones semanales y realizan actividades para el bien común del grupo.
Una de las señoras es Doña Daniela quien es costurera, ella confecciona varios tipos de prendas para damas y caballeros.
Ella hace las confecciones de acuerdo a los pedidos de los clientes quienes llegan hasta su casa para la solitar su confección.
Solicita el préstamo para la compra de una máquina de coser eléctrico con varias funciones.

Additional Information

About Fundación Paraguaya

Fundación Paraguaya is a financially self-sustaining social enterprise that promotes entrepreneurship in urban and rural areas through microfinance, education programs, and more. Its focus on agriculture has helped many farmers boost their crop yields. And a number of other borrowers have taken out loans to start and grow social businesses that have helped deliver eyeglasses, medicines and other helpful services in their local communities.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Paraguay

  • $4,555
    Average annual income
  • 45
    View loans »
    Paraguay Loans Fundraising
  • $29,515,900
    Funds lent in using Kiva
  • 4,740.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Renacer Group's $2,125 loan helped a member purchase an electric sewing machine.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 26, 2010
Listed
Jun 1, 2010
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2010